Compare quotes for your home in 70503! Compare the best 12 carriers in minutes.
70503 Online Home Insurance Rates
Comparing a bunch of different rates for your home in 70503 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Lafayette, LA. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 70503 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.
If you would like to review more information on home insurance premiums in Louisiana, like average Lafayette homeowners insurance rates, coverage options or home insurance types, please select Lafayette, LA Home Insurance Rates Online!
70503 Home Insurance Average Premiums
For the 70503, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
Coverage Amount: | Annual Premium |
---|---|
1800 sq. ft. or below (discounts applied) | $1218 /yr. |
Average Coverage: | $1468 /yr. |
2600 sq. ft. or higher (all discounts applied) | $1768 /yr. |
What is the average home insurance cost for a home in 70503?
- • The average homeowners insurance premium paid annually for a home in 70503 is around $1468 per year.
What does it cost on average per month for home insurance in 70503?
- • Homeowners in 70503 pay a monthly average cost per month around $122.00.
What kind of discount could I get if I combine my home and auto insurance together in 70503?
- • Autoowners in 70503 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.
For shopping home insurance rates within the Lafayette area, check out other zip codes nearby 70503.
Review average rates in another zip code:
70507 homeowners insurance rates
70501 homeowners insurance rates
70506 homeowners insurance rates
70503 homeowners insurance rates
70508 homeowners insurance rates
Home Replacement Cost Coverage in 70503
Average Building Cost Per Square Foot in 70503: $122
Location: Lafayette, Louisiana (Lafayette County)Average Square Footage in 70503: 2,175 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 70503 before you start any project. Lafayette homeowners pay on average around $122 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 70503 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Here is how you determine your replacement cost. If we take an average home in 70503 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,175 sq. ft. and the average cost to rebuild the home in this area is around $122 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Lafayette area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.
Home Improvement Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
---|---|---|---|
Basic Home Features | $122 | 2,175 | $265,400 |
Additional Upgrades & Added Features | $153 | 2,175 | $331,750 |
Major Home Updates or Advancements | $183 | 2,175 | $398,100 |
It's important to understand that when you estimate your replacement cost of your home in the 70503 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.
Best Homeowners Insurance Agencies in 70503
Pool Gene
Address: 229 Heymann Boulevard Lafayette, LA 70503Phone: (337)235-8866
Website:
Marcus Larry G
Address: 229 Heymann Boulevard Lafayette, LA 70503Phone: (337)235-8866
Website:
Krupp Richard
Address: 229 Heymann Boulevard Lafayette, LA 70503Phone: (337)235-8866
Website:
Allstate Insurance Companies - Sales Offices- Lafayette
Address: 5905 Johnston Street Building C Lafayette, LA 70503Phone: (337)406-8888
Website: www.allstate.com
Babineaux Lawson
Address: 229 Heymann Boulevard Lafayette, LA 70503Phone: (337)235-8866
Website: www.bmp-ins.com
Best Home & Auto Insurance Agencies in 70503
Quality Plus Insurance
Address: 1538 W Pinhook Rd Lafayette, LA 70503Phone:
Website: http://www.qualityplusinsurance.com/
Info:
Allstate Insurance Company - Brian Kerstetter
Address: 3219 Johnston St Lafayette, LA 70503Phone:
Website: http://www.allstateagencies.com/051938?cid=OTC-YP.com-IYP&att=TL
Info:
Allstate Insurance Company - Smiley Epperly
Address: 5120 Johnston St Lafayette, LA 70503Phone:
Website: http://www.allstateagencies.com/099522?cid=OTC-YP.com-IYP&att=TL
Info:
Chenevert- Lucy S - State Farm Insurance Agent
Address: 1401 W Pinhook Rd Lafayette, LA 70503Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards
Liggio Insurance Agency Inc
Address: 3809 Ambassador Caffery Pky Lafayette, LA 70503Phone:
Website:
Info:
Housing Demographics for 70503
Population Review for 70503 Zip Code
For the city of Lafayette, the population within 70503 has increased to over 28,862 residents in population size. The current population total is 27,497. We have broken down the population based on race below. In 70503, there are over 13368 in male population and 14129 females.
Population | Values |
---|---|
Total Population | 27,497 |
White Population | 21793 |
Black Population | 2243 |
Hispanic Population | 1554 |
Asian Population | 1238 |
Hawaiian Population | 15 |
Indian Population | 134 |
Other Population | 360 |
Male Population | 13368 |
Female Population | 14129 |
Population Estimate | 28862 |
Household Data for 70503
The average number of homes in 70503 is around 11,627, there are an average of 2.35 per household. The average house value according to local real estate values is around $265,400. Please review the following demographics below for average income and media age.
Housing / Income Data | Values |
---|---|
Households Per Zipcode | 11,627 |
Persons Per Household | 2.35 |
Average House Value | $265,400 |
Income Per Household | $83063 |
Median Age | 38.3 |
Median Age Male | 37.2 |
Median Age Female | 39.3 |
70503 Details | Values |
---|---|
State | LA |
State Full Name | Louisiana |
City Type | P |
City Alias Abbreviation | |
Area Code | 337 |
City | Lafayette |
City Alias Name | LAFAYETTE |
County | Lafayette |
County FIPS | 055 |
State FIPS | 22 |
Time Zone | 6 |
Day Light Saving | Y |
MSA | 3880 |
PMSA | |
CSA | 318 |
CBSA | 29180 |
CBSA_DIV | |
CBSA_Type | Metro |
CBSA_Name | Lafayette, LA |
MSA_Name | Lafayette, LA MSA |
PMSA_Name | |
Region | South |
Division | West South Central |
MailingName | Y |
Economic & Growth Review | Values |
---|---|
Number Of Businesses | 1644 |
Number Of Employees | 20027 |
Business First Quarter Payroll | 216737 |
Business Annual Payroll | 967877 |
Business Employment Flag | |
Growth Rank | 0 |
Growth Housing Units 2003 | |
Growth Housing Units 2004 | |
Growth Increase Number | 0 |
Growth Increase Percentage | 0.0 |
Metropolitan Details | Values |
---|---|
CBSA Population | 273738 |
CBSA Division Population | 0 |
Congressional District | 03 |
Congressional LandArea | 6983.32 |
Delivery Residential | 12282 |
Delivery Business | 2022 |
Delivery Total | 13956 |
Preferred Last Line Key | Y23984 |
Classification Code | |
Multi-County | |
CSA Name | Lafayette-New Iberia-Opelousas, LA |
CBSA_DIV_Name | |
City State Key | Y23984 |
Land Area | 11.324000 |
Water Area | 0.076000 |
City Alias Code | |
City Mixed Case | Lafayette |
City Alias Mixed Case | Lafayette |
Box Count | 0 |
SFDU | 9374 |
MFDU | 2376 |
State ANSI | 22 |
County ANSI | 055 |
ZIP Intro | |
Alias Intro | |
Facility Code | P |
City Delivery Indicator | Y |
Carrier Route Rate Sortation | D |
Finance Number | 214979 |
Unique ZIP Name | |
SSA State County Code | 19270 |
Medicare CBSA Code | 29180 |
Medicare CBSA Name | Lafayette, LA |
Medicare CBSA Type | Metro |
Market Rating Area ID | 3 |
County Mixed Case | Lafayette |
Louisiana Homeowners Insurance News & Information
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Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024
According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums. While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]
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Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024
As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]
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Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024
Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]